Posts by Colleen Crist
5 Ways Electronic Payments Improve the Healthcare Revenue Cycle
If your healthcare organization’s knees are buckling from the pressure of managing shrinking reimbursement rates, skyrocketing costs, and growing cyber security threats, you are not alone. Hospital and health system CFOs and revenue cycle leaders are under ever-increasing pressure to develop strategies to improve the financial health of their organizations—and his won’t change in 2020.…
Read MoreAn AP Pro’s Guide to Convincing Suppliers to Adopt Electronic Payments
Businesses cite lots of reasons for continuing to pay suppliers with paper checks … … Inadequate resources to manage the transition … Lack of senior management support or mandate … Competing priorities … Fear of change But one of the biggest things keeping businesses from migrating to electronic payments is the misperception that their suppliers…
Read MorePaymerang Celebrates Earth Day!
Paymerang Celebrates Earth Day Every Day! As an electronic payments company, we are dedicated to reducing paper checks and conserving natural resources. Since our inception, we have processed 1,000,000+ payments. In the process, we have saved thousands of pounds of papers and helped our clients reduce their carbon footprint by reducing Greenhouse gas emissions. We…
Read MoreRichmond Times Dispatch Startup Spotlight
Richmond Times Dispatch Startup Spotlight: FinTech firm Paymerang adds people and space Source: Richmond Times Dispatch Paymerang Enrollment Manager, Mary Alice Byrd (center, rear) addresses a staff meeting at the Boulders office park in Chesterfield County. The company’s space is more than double the size of its previous office. After raising $26 million in investments…
Read MorePaymerang CEO featured in SmartPros CFO education segment on finance automation
Paymerang CEO, Nasser Chanda, appeared in Financial Management Network‘s continuing education series to discuss the benefits of accounts payable and accounts receivable automation for enterprises. Click here to view the video. Financial Management Network is a professional education service of SmartPros, a Kaplan company. They deliver accredited continuing education programs and professional development training to meet state…
Read MoreAldrich Capital Partners Invests $26 million in Paymerang
Today was a red-letter day at Paymerang! At a special event that included Virginia Governor Ralph Northam, we announced that Aldrich Capital Partners made a $26 million growth investment in our company. This investment will help us grow organically and through acquisitions in the Procure-to-Pay space. You can view the full press release here. Governor…
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